Worksport Ltd. (Nasdaq: WKSP; WKSPW) (“Worksport” or the “Company”)
is excited to announce the launch of its first hard-folding tonneau
cover, the
Worksport AL3 PRO Low Profile Aluminum Tonneau
Cover – a flush mounted, three panel, all aluminum
tonneau cover. Embodying the perfect blend of durability, style,
and functionality, this new product is proudly Made in the USA
(with 90%+ domestically sourced components) and is set to redefine
standards in the truck accessory market.
The AL3 PRO hard-folding tonneau cover has been
meticulously engineered to cater to the needs of the most
discerning pickup truck owners. It is anticipated to initially be
compatible with and available for a wide range of popular truck
models, including RAM by Stellantis, General Motors brands GMC and
Chevrolet, Ford, Jeep by Stellantis, Nissan, and Toyota. In a
strategic move to broaden its market reach, Worksport expects to
extend its compatibility soon to include the Honda Ridgeline as
well.
Steven Rossi, CEO of Worksport, expressed his
enthusiasm: “We are immensely proud to unveil the features of the
AL3 PRO hard-folding tonneau cover. This American-made product
reflects our commitment to quality, innovation, and the spirit of
the American workforce. It’s not just a truck accessory. It’s a
testament to our dedication to providing our customers with the
best. We began by testing the product with Ford, General Motors
models, and RAM by Stellantis models. Specifically, Chevrolet
Silverado 1500, GMC Sierra 1500, Ford F150, and RAM Truck 1500.
However, we quickly decided to expand our scope to also include
compatibility with Jeep, Nissan, and Toyota models, along with the
Honda Ridgeline soon.”
One of the standout features of the AL3 PRO
hard-folding tonneau cover is its robust construction, ensuring
unparalleled security and longevity. Additionally, the sleek and
modern flush design enhances the aesthetic appeal of any truck,
while its user-friendly functionality ensures ease of use for all
truck owners.
Features and Benefits of the AL3 PRO
Flush-Mounted, Hard-Folding, Trifold Tonneau Cover:
The pinnacle of precision durability in
a low profile hard trifold tonneau cover.
A testament to American engineering, the
AL3 PRO transforms your truck bed with seamless
elegance. Crafted with meticulous attention to detail, the AL3 PRO
utilizes an advanced, semi-automated manufacturing process that
guarantees quality and precision in every cover produced.
General
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Application to fit most major makes and models, including Ford,
Jeep, Nissan, Toyota, General Motors brands including GMC,
Chevrolet, and RAM from Stellantis. |
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Application for Honda Ridgeline forthcoming. |
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Designed and tested in the US. |
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Customer service located in Canada and the US. |
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Manufactured in the US with 90%+ domestic content. |
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Heavy-duty aluminum construction. |
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Weather-resistant: Safeguard your truck bed against the elements –
snow, rain, sleet, sun, and leaves – ensuring it remains clean and
well-protected. |
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Comes fully assembled. |
● |
Limited 3-year warranty on any defective material or craftsmanship
as per the Company’s warranty policy. |
|
|
Unique Features
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Made with over 95% recyclable material. |
|
|
Design
● |
Low-profile and sleek. |
● |
Textured and matte black coated aluminum frame offers maximum
protection without sacrificing style. |
● |
Unique Diamond Shield™ finish delivers a stunning appearance with
enhanced resistance to salt and harsh weather conditions. |
● |
Zinc-nickel plated hardware and fasteners. |
● |
Lightweight. |
● |
No full-length drainage rails that interfere with the cargo
area. |
● |
Unique rear bracket system secured to the bed using a proprietary
clamping system. |
|
|
Latching
● |
Unique easy to use front clamps. |
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Rear cable release quick latch system makes opening and closing
your cover much faster. |
● |
Option to use cable release quick latch without having to fully
open the tailgate. |
● |
Ability to shut the tonneau cover with the tailgate closed. |
● |
One sided operation from tailgate to bulkhead. |
|
|
Seals
● |
Rubber components
are UV- and weather-tested. |
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Triple fin side
seals ensure additional weather protection. |
● |
Rear fin seal is
designed and tested for repeated tailgate use. |
|
|
Paneling
● |
Heavy gauge aluminum formed panels provide enhanced dent resistance
while minimizing the weight of the cover. |
|
|
Installation
● |
No full-length
gutter rails that interfere with the cargo area. |
● |
Easy to install and
remove. |
● |
No drilling or
modifications necessary, making installation a breeze. |
● |
Unique bracket
system secured to the bed with custom clamps (Honda Ridgeline, RAM
with RamBox, etc.) |
|
|
Security
● |
Secure your truck
bed against unauthorized access when paired with a locking
tailgate. |
● |
Keeps your cargo
safe and out of sight, out of mind. |
|
|
Cost & Competitor
Comparison
● |
Aggressively priced,
US made, trifold hardcover. |
|
|
In keeping with Worksport’s customer-centric
approach, the Company will announce the various retail and
distribution channels where the AL3 PRO hard-folding tonneau cover
will be available, alongside Worksport’s own e-commerce platform.
This strategic distribution plan is designed to ensure that
customers have easy access to this innovative product.
For more information,
please visit the AL3 Pro product page
here.
Worksport’s commitment to quality and innovation
is a testament to the brand’s vision for the future of truck
accessories. Stay tuned for more updates on availability and retail
partnerships. Worksport will soon announce the availability
locations for the AL3 PRO.
For further information, please visit
Worksport’s official website for investors at
investors.worksport.com.
About Worksport
Worksport Ltd. (Nasdaq: WKSP; WKSPW), through
its subsidiaries, designs, develops, manufactures, and owns the
intellectual property on a variety of tonneau covers, solar
integrations, and NP (Non-Parasitic), Hydrogen-based true green
energy solutions for the sustainable, clean energy, and automotive
industries. Worksport currently maintains an active partnership
with Hyundai for the SOLIS Solar cover. Additionally, Worksport’s
hard-folding cover, designed and manufactured in-house, is
compatible with RAM, Chevrolet, and GMC models from General Motors,
as well as Ford, Jeep, Nissan, and Toyota pickup trucks. Worksport
seeks to capitalize on the growing shift of consumer mindsets
towards clean energy integrations with its proprietary solar
solutions, mobile energy storage systems (ESS), and NP
(Non-Parasitic), Hydrogen-based technology. Terravis Energy’s
website is terravisenergy.com. For more information, please visit
investors.worksport.com.
Connect with Worksport
Please follow the Company’s social media
accounts on X (previously Twitter), Facebook, LinkedIn, YouTube,
and Instagram (collectively, the “Accounts”), the links of which
are links to external third party websites, as well as sign up for
the Company’s newsletters at investors.worksport.com. The Company
does not endorse, ensure the accuracy of, or accept any
responsibility for any content on these third party websites other
than content published by the Company.
Worksport strives to provide frequent updates of
its operations to its community of investors, clients, and
customers to maintain the highest level of visibility.
LinkedIn
Facebook
X (previously Twitter)
Instagram
YouTube
Investors and others should note that the
Company announces material financial information to our investors
using our investor relations website, press releases, Securities
and Exchange Commission (“SEC”) filings, and public conference
calls and webcasts. The Company also uses the Accounts to announce
Company news and other information. The information shared on the
Accounts could be deemed to be material information. As a result,
the Company encourages investors, the media, and others to review
the information the Company publishes on the Accounts.
In order to comply with Regulation FD, the
Company does not selectively disclose material non-public
information on any Account. If there is any significant financial
information, it is the policy of the Company to release it broadly
to the public through a press release or SEC filing prior to
publishing it on one of the Accounts.
For additional information, please contact: Steven Obadiah,
Investor Relations, Worksport Ltd.
T: 1 (888) 554 8789 E:
investors@worksport.com W:www.worksport.com
Forward-Looking Statements
The information contained herein may contain
“forward‐looking statements.” Forward‐looking statements reflect
the current view about future events. When used in this press
release, the words “anticipate,” “believe,” “estimate,” “expect,”
“future,” “intend,” “plan,” “project,” “should," or the negative of
these terms and similar expressions, as they relate to us or our
management, identify forward‐looking statements. Forward-looking
statements are neither historical facts nor assurances of future
performance. Instead, they are based only on our current beliefs,
expectations and assumptions regarding the future of our business,
future plans and strategies, projections, anticipated events and
trends, the economy and other future conditions. Because
forward-looking statements relate to the future, they are subject
to inherent uncertainties, risks and changes in circumstances that
are difficult to predict and many of which are outside of our
control. Our actual results and financial condition may differ
materially from those indicated in the forward-looking statements.
Therefore, you should not rely on any of these forward-looking
statements. Important factors that could cause our actual results
and financial condition to differ materially from those indicated
in the forward-looking statements include, among others, the
following: (i) supply chain delays; (ii) acceptance of our products
by consumers; (iii) delays in or nonacceptance by third parties to
sell our products; and (iv) competition from other producers of
similar products. More detailed information about the Company and
the risk factors that may affect the realization of forward-looking
statements is set forth in the Company’s filings with the SEC,
including, without limitation, our Annual Report on Form 10-K and
our Quarterly Reports on Form 10-Q. Investors and security holders
are urged to read these documents free of charge on the SEC’s web
site at www.sec.gov. As a result of these matters, changes in
facts, assumptions not being realized or other circumstances, the
Company’s actual results may differ materially from the expected
results discussed in the forward-looking statements contained in
this press release. The forward-looking statements made in this
press release are made only as of the date of this press release,
and the Company undertakes no obligation to update them to reflect
subsequent events or circumstances.
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